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president obama is taking aim at republicans, accusing them of blocking a bill that would prevent tax rates from going up for the middle class. republicans are firing back, saying raising tax rates for anyone, including top earners, would jeopardize the economy. fiscal cliff negotiations are now in the hands of just two people, president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence plummeted. a lot of people attributing that to the gridlock in washington. >> reporter: they're using the jobs report right now, the obama administration. a little more fuel. and we are talking about two men now. it comes down to these two guys and a lot of jobs on the line. possible hiring freezes, furloughs if we go over the cliff. federal agencies now working on reports for the white house, of the cuts they will make if we do actually go over the cliff. a diner, middle-class taxpayers and the vice president, telling republicans a deal to extend tax cuts for all but the wealthy is ea
president obama is taking aim at republicans, accusing them of blocking a bill that would prevent tax rates from going up for the middle class. republicans are firing back, saying raising tax rates for anyone, including top earners, would jeopardize the economy. fiscal cliff negotiations are now in the hands of just two people, president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer...
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one phone call between to president obama and house speaker boehner. democrats say they're not going to move until the republicans say they're going to be for higher tax rates on the wealthy. and then say what they want in return. in terms of spending cuts for those higher tax rates. the republicans say they aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could be the well that is getting poisoned right now, as positions are going to harden but with all of these negotiations they sometimes look most dire before they break. the debt limit, president obama also said that he's not going to negotiate at all over the debt limit. i don't see how you can get that resolved by december 31st. >> now, could the republicans give in on the tax rates on the rich in this country if they do want to use the debt limit as leverage? >> they could. lot of republicans have said, listen, they know taxes are going to go up, but they want to know how far the president is willing to go in cutting sp
one phone call between to president obama and house speaker boehner. democrats say they're not going to move until the republicans say they're going to be for higher tax rates on the wealthy. and then say what they want in return. in terms of spending cuts for those higher tax rates. the republicans say they aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could be the well that is getting poisoned right now, as...
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president obama has rejected the latest republican offer. he's taking a very hard line in the talks. >>> there's growing outage here in new york city over a front-page photo from "the new york post" yesterday. this man has just fallen down on the tracks. is just seconds away from a subway train hitting and killing him. many people upset why the photographer was taking the picture and not helping the man. this morning, he's talking out, justifying why he took the photo. and why so many other folks were running away. there's nobody there trying to help him off the tracks. >> he says he was trying to help. we're going to get into that. >>> also, you guys over there took advantage of the spring weather yesterday. >> yes, we did. we needed a walk. but more importantly, we needed to see our old pal, robin. we got to walk through the riverside park, as the sun was setting on a beautiful day in manhattan. it's always the case. she's always the -- >> she looks fantastic. >> she is the best medicine for us. it was amazing. >> and let me tell you, only
president obama has rejected the latest republican offer. he's taking a very hard line in the talks. >>> there's growing outage here in new york city over a front-page photo from "the new york post" yesterday. this man has just fallen down on the tracks. is just seconds away from a subway train hitting and killing him. many people upset why the photographer was taking the picture and not helping the man. this morning, he's talking out, justifying why he took the photo. and...
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the debt limit, president obama also said that he's not going to negotiate at all over the debt limit. i don't see how you can get that resolved by december 31st. >> now, could the republicans give in on the tax rates on the rich in this country if they do want to use the debt limit as leverage? >> they could. lot of republicans have said, listen, they know taxes are going to go up, but they want to know how far the president is willing to go in cutting spending, especially that entitlement spending, even social security, before they sign on to the higher rates. you got these guys circling each other before coming together. >> gut check, though. if i'm sitting at home and i'm not following politics closely, it looks like the usual gamesmanship out of washington. in your gut, do you think that this is basically theater and they'll come to a deal quickly? >> i think it's -- i think the odds are about 50/50 right now. which is very high for a negative outcome this far along. there is a very good chance they go over the cliff at least for a few days at the beginning of the year. then, tha
the debt limit, president obama also said that he's not going to negotiate at all over the debt limit. i don't see how you can get that resolved by december 31st. >> now, could the republicans give in on the tax rates on the rich in this country if they do want to use the debt limit as leverage? >> they could. lot of republicans have said, listen, they know taxes are going to go up, but they want to know how far the president is willing to go in cutting spending, especially that...